Indian Oil, Nayara lift Russian crude as RIL skips; IOC accounts for 43% of January imports
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Indian oil companies, including Indian Oil and Nayara, have continued to import Russian crude, while Reliance Industries has opted not to. The extent to which India will continue to import Russian oil is uncertain, with some reports suggesting a potential sharp cut in imports and others indicating ongoing purchases. Public sector firms appear to be taking a different approach than private sector companies like Reliance Industries.
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